VRS Logo Friday, July 4, 2008

Virginia Retirement System
1200 East Main Street
P.O. Box 2500
Richmond, VA 23218-2500
1-888-827-3847

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Apply for a Refund

To withdraw or transfer contributions and interest, you and your last VRS employer must complete a Request for Refund VRS-3 pdf icon 57kb. VRS usually processes a refund within 45-60 days after all payroll reports from your employer to VRS are updated or the date VRS receives the completed refund request form, whichever is the later date.

Before You Take a Refund

If you take a refund of the contributions in your account, you lose membership in VRS and you lose the service credit represented by the amount refunded. You also lose the right to receive a lifetime monthly benefit at retirement. Purchase of this service later (when you are employed in a covered position) may be based on a higher salary.

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